U.S. Global Investors' quarterly profit more than doubles

GabrielMadway

SAN FRANCISCO (MarketWatch) -- U.S. Global Investors Inc.
GROW, -3.79%
said Thursday fiscal second-quarter net earnings more than doubled, rising to $2.46 million, or 32 cents a share, from $1.17 million, or 15 cents a share, in the year-ago period. Revenue in the three months ended Dec. 31 climbed to $12.42 million from $7.76 million. Mutual fund assets under management averaged $4.53 billion in the quarter, up from $2.83 billion in the same quarter last year. U.S. Global shares fell 61 cents to $45.59 in Thursday afternoon trade.

Intraday Data provided by SIX Financial Information and subject to terms of use.
Historical and current end-of-day data provided by SIX Financial Information.
All quotes are in local exchange time. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only.
Intraday data delayed at least 15 minutes or per exchange requirements.